Welcome to Five at Five, your late look at some of the day’s biggest payments and commerce news. Today’s coverage includes news about healthcare payments and a large money laundering probe. U.S. state regulators eye tech regulation, Alibaba readies for a leadership change and convenience stores rethink loyalty.
Leavitt Partners, Facing Addiction, Remedy Partners Announce New Payment System
The proposed payment model — which incorporates aspects of fee-for-service, episodes of care, quality adjustments and shared savings — promotes the improved integration of treatment and recovery resources along with financial incentives, which benefit everyone when the patient is well-managed by a multi-disciplinary care team.
Money Laundering Probe Eyes $150B in Transactions
Denmark’s largest bank is investigating $150 billion in transactions to determine if companies with ties to Russia used it to launder money.
US State AGs Mull Tech Regulation
The state officials are working on a legal strategy to deal with alleged antitrust violations and data privacy abuses, as well as what some claim is a suppression of conservative speech.
Alibaba’s Zhang to Become Executive Chairman
Alibaba’s Jack Ma, the co-founder and executive chairman who is stepping down, plans to hand over leadership to Daniel Zhang, the company’s current chief executive.
Why Thorntons Is Investing in the Loyal C-Store Customer
Traditional convenience store customers aren’t known for, or pursued for, their loyalty. But that’s changing.